The Cyprus Stock Exchange enjoys significant gains on Tuesday, influenced by the positive climate in the international stock markets and the good performance of Bank of Cyprus. By the time this text...
In a written announcement released today, DIKO urged the Electricity Authority of Cyprus to review its plans for an increase in electricity prices. It also urged the government to relieve the...
04/11/2008
In an announcement, the Electricity Authority of Cyprus rejected allegations that it will increase the electricity prices, stressing that after the gradual drop in the price fuel, electricity prices...
04/11/2008
The major issues in today’s financial press are the European Commission’s forecasts for 2008, 2009 and 2010, the increase in the price of meat and EAC’s request to increase electricity prices by 10...
04/11/2008
International credit rating firm, Fitch, downgraded Bank of Cyprus's (BOC) Long-term Issuer Default rating (IDR) to 'BBB+' from 'A-' (A minus) and removed it from Rating Watch Negative (RWN),...
04/11/2008
Czech House President, Miloslav Vleck will pay a three-day official visit to Cyprus, accompanied by a parliamentary delegation and a group of entrepreneurs. As the CNA reports, the delegation is...
03/11/2008
The European stock markets are moving up on Monday, influenced by the oil and mining sector. However, the climate is even more optimistic in the Greek and Cyprus stock markets, which enjoy higher...
03/11/2008
In its autumn forecasts released on Monday, the European Commission expects that Cyprus’s GDP growth for 2009 will drop to 2.9%, slightly lower than the Finance Ministry’s forecasts, while it will...
03/11/2008
Commerce Minister, Antonis Paschalides intends to request the reduction of the Cyprus Airways fares to and from Athens and London. After the end of the House Commerce and Finance Committees session...
03/11/2008
The major issues in today’s financial press are the international economic crisis, Eurostat’s data on unemployment in September 2008 and the retail trade. The “Economy” inset of newspaper “...
03/11/2008